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$875,000 ā†“$19,100on 4/19/2024

7587 S Shady Side Drive Bloomington, IN  47401

  • 5 Beds
  • 3 Baths
  • 3,376 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 7587 S Shady Side Drive Bloomington, IN 47401

Ultra rare opportunity to own a home on the picturesque shores of Lake Monroe! These homes rarely hit the market. This 4-bed, 3-full bath retreat underwent an extensive remodel this year using all high-end finishes. Step inside and marvel at the modern open-concept layout with gorgeous vinyl plank floors and large windows that flood the rooms with natural light. Enjoy the breathtaking panoramic views of the glistening waters and lush forests that envelop this idyllic haven. Sizable kitchen features gorgeous granite countertops, SS appliances and a breakfast bar that overlooks the living room. Inviting 16x30 screened-in porch that overlooks the lake is the perfect spot to unwind and enjoy the sounds of nature. Completely finished walkout basement features a family room with cozy fireplace, additional bedroom with direct views of the lake, full bath, and a large laundry room. Expansive multi-level decks overlooking the lake are the perfect locations for family and friends to gather. Hot tub on the lower deck remains with the home. This amazing property also offers a heated 3-car detached garage. Above the garage features a newly finished 1-bedroom apartment with full kitchen, living room, and large deck that offers the same breathtaking views of the lake as the primary home - an ideal space for family, friends, or rental income. Beyond the property, explore hiking trails in the adjacent national park, indulge in lake water sports, or visit the nearby town for local cuisine and culture. Homes on Lake Monroe rarely come on the market, making this a truly exceptional opportunity.

Address:7587 S Shady Side Drive Bloomington IN 47401
Status:Active
on site: 170 days
Price:$875,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,376
Year Built:1963
Lot Size:2.00
County: Monroe
Township: Clear Creek
MLS #:21952674
Property Type:Single Family Residence

Lot Dimensions:87120
Lot Features:Mature Trees
Water Source:Municipal/City
Directions:Use GPS
Main Level Sq. Ft. :2,330
Total Sq. Ft. :3,376
Basement:Yes

Loan Price
$5,150
Price And Interest $4,564/month
Property Tax $221/month
MTG INS $0/month
HOME INS $365/month
Price
$875,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$221/month
Home Owner Insurance
$4,380 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/19/24 $894,100 $875,000 -2.14%
02/27/24 $899,100 $894,100 -0.56%

RoomSizeLevel
Kitchen 11x18 Main
Dining Room 10x12 Main
Living Room 12x22 Main
Primary Bedroom 12x13 Main
Bedroom 2 12x12 Main
Bedroom 3 9x10 Main
Bedroom 4 9x10 Main
Family Room 11x19 Basement
Bedroom 5 11x13 Basement
10x17 Basement

Semi-Annual Property Tax:$1,324
Tax Year:2022
Mandatory HOA Fee:$

Area: 5310 - Monroe - Clear Creek
Subdivision: No Subdivision
Zip Code:47401

Total Sq. Ft.:3,376
Interior Features:Attic Access, Breakfast Bar, Hi-Speed Internet Availbl, Windows Vinyl, Wood Work Painted
Eating Area(s):Dining Combo/Kitchen, Formal Dining Room
Appliances:Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
Exterior Features:Barn Mini, Carriage/Guest House
Exterior Type:Vinyl Siding
Fireplace(s):Basement
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
Total Rooms:11
EXPLORE TUCKER LUXURY
Brian Thompson, REALTORĀ®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company

Schools in 7587 S Shady Side Drive Bloomington, IN  47401


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Listing provided courtesy of Steve Lew with Steve Lew Real Estate Group, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/09/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Bloomington Market Report

168
Avg. DOM
$210.43
Avg. $ / Sq.Ft.
$ 399,900
Med. List Price

The house prices in Bloomington are not dropping at the moment. There has been a increase in price of $80,085.01. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Bloomington are going Up. The average house price is $399,000.00 and the average price per square feet is $210.94 per square feet. At the moment, the amount of homes listed is exactly 2156 houses, with 431 with active status, 37 with pending status and 1688 sold in Bloomington .

The most popular place to buy a home in Bloomington is 5307 - Monroe - Perry. 5307 - Monroe - Perry is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Bloomington .

The average amount of property taxes you would have to pay for a home in Bloomington is $3,697.67. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Bloomington are staying listed for an average of 67 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Bloomington was 1245 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Bloomington is $3,999,999.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Bloomington is $1,100.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Bloomington in year 1869 and the newest built house is in year 2024.

The average size of properties in Bloomington is 2427.75 sq.ft. , the biggest one being 10070 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.